401(k) · DOL Form 5500 · 2022
Xcel Energy Inc 401(k) Plan
Data updated 2026-08-11
- $494M
- Total assets
- 1,985
- Participants
- 98th
- Percentile by assets
- $248,736
- Avg per participant
Official DOL plan name: New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee · Sponsored by Xcel Energy Inc · Minnesota · Utilities
$494M in assets, 1,985 participants
Xcel Energy Inc's New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee reported $494M in total assets and 1,985 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 98th percentile by assets (of 139,126 plans)
- #618 in Utilities (738 peers)
Where New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee sits by assets
New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee sits in the top 5% of all filed plans by assets, $494M for 1,985 participants (~$248,736/participant), down 16.3% in 2022.
- $494M
- total plan assets (2022 EOY)
- 1,985
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $248,736
- avg assets per participant
The plan reported a net loss of $96M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee vs the 2022 asset distribution
By assets, New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 5.0x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $590M |
|---|---|
| Net Assets (End of Year) | $494M |
| Net Income | -$96M |
| Employer EIN | 410448030 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Xcel Energy Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 8 | 22,725 | $6.3B |
| 2023 | 8 | 23,520 | $6.6B |
| 2024 | 8 | 23,238 | $6.7B |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee by total assets, not by location.
- Genesys Retirement Savings Plan (CA) $494M · 2,730
- Dfa Dairy Brands Smartchoice Savings Plan (KS) $494M · 6,964
- Biomarin Pharmaceutical Inc. Retirement Savings Plan (CA) $494M · 2,147
- Saputo USA 401(k) Plan (WI) $493M · 6,489
Frequently Asked Questions
How did New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee assets move in 2022? ▼
How have Xcel Energy Inc plan assets changed over time? ▼
Where does New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee? ▼
Next read for New Century Energies, Inc. Employees' Sa…
Scale reading
Ways to act on New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee's numbers.
- By total assets, New Century Energies, Inc. Employees' Savings and Stock Ownership Plan for Bargaining Unit Employees and Former Non-Bargaining Unit Employee ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Xcel Energy Inc's sponsor-wide assets have grown 6.8% since 2022 across 3 plan years on file. More Utilities plans